Fed Adopts Thresholds, Expands Asset Purchases
Dec. 12 (Bloomberg) -- Bloomberg's Peter Cook reports that the Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and it linked the outlook for its main interest rate to unemployment and inflation. He speaks on Bloomberg Television's "Lunch Money."
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Parsley CEO Says Company Can Still Profit at $35 Oil
36:02 - Bryan Sheffield, founder and chief executive officer at Parsley Energy, discusses the Trump administration rolling back regulations, the ability to add production, and offers insight on the company's hedging strategy. He speaks with Bloomberg's Alix Steel from the Scotia Howard Weil Energy Conference in New Orleans, Louisiana, on "Bloomberg Markets." (Source: Bloomberg)